Public records show that Shopify’s CEO Tobias Lütke has purchased close to $3 million in Coinbase shares during the last 60 days. Lütke became a Coinbase board member last February and because he is a Coinbase associate, he’s required by law to submit his trades to the U.S. Securities and Exchange Commission (SEC). Since August 11, Shopify’s Tobias Lütke Purchased…
Month: October 2022
The Dangerous Implications Of CBDCs – Bitcoin Magazine
Natalie Smolenski is a senior advisor at the Bitcoin Policy Institute and executive director of the Texas Bitcoin Foundation, and Dan Held is a Bitcoin educator and marketing advisor at Trust Machines. This article is an excerpt from the Bitcoin Policy Institute whitepaper “Why the U.S. Should Reject Central Bank Digital Currencies (CBDCs),” written by Natalie Smolenski with Dan Held.…
There’s an ‘unresolved backlog’ of unfilled Web3 data roles
Ganesh Swami, CEO of blockchain data aggregator Covalent says there continues to be an “intense demand” for on-chain data analysts, that is yet to be satisfied. Speaking to Cointelegraph, Swami said that analysts are in “intense demand” as there’s a “real need” for data experts to “make sense” of on-chain data, explaining: “There is an unresolved backlog of unfilled data-driven…
How Satoshi Mirrors U.S. Principles – Bitcoin Magazine
This is an opinion editorial by Buck O Perley, a software engineer at Unchained Capital helping build bitcoin-native financial services. This is Part Two of a two-part article set that describes crypto-governance and the dangers of faction. Part one can be found here. What Does All Of This Have To Do With Cryptocurrency? Most of this discussion so far has…
‘Appropriate Regulation’ Needed Over Crypto, Government Report Recommends
A new report published by government regulators and advisors calls digital assets a potential risk to the stability of the U.S. financial system if their scale or interconnections with the traditional financial system were to grow without adherence to “appropriate regulation.” The Financial Stability Oversight Council released its 124-page report on digital assets today in response to U.S. President Joe…
Decentralized App BCH Bull Prepares for Launch, Platform Allows Users to Long or Hedge Bitcoin Cash Against a Myriad of Tradeable Assets – Defi Bitcoin News
Just recently the developers behind the Bitcoin Cash-centric project Anyhedge released the alpha version of the Anyhedge Whitelabel and since then, 284 smart contracts were created onchain, and more than $32,900 in funds hedged using the alpha protocol. Furthermore, this month, General Protocols, the engineers behind Anyhedge, revealed the team plans to launch a decentralized application (dapp) on the Bitcoin…
The SEC is bullying Kim Kardashian, and it could chill the influencer economy
The Securities and Exchange Commission announced on Oct. 3 that Kim Kardashian settled an allegation that she promoted “a crypto asset security offered and sold by EthereumMax without disclosing the payment [of $250,000] she received for the promotion.” While she cooperated and closed the case with $1.26 million in penalties, the charge highlights the liability that “influencers” increasingly face as a…
The XSwap Treasure Token Aims to Impress by Providing Many Useful Functionalities – Press release Bitcoin News
press release PRESS RELEASE. XSwap is a name that has been gaining considerable attention lately for a compelling reason. The XSwap Treasure Token, XTT, may best be defined as XSwap Protocol’s farming reward token. Furthermore, it serves as the native token of their subproject known as the XSwap Launchpad. What’s there to know? The launchpad provides a comprehensive solution to…
TIME President on NFT Haters: ‘I Don’t Understand the Politicizing of a Technology’
According to TIME President Keith Grossman, Web3 wasn’t part of the plan. In an interview with Decrypt at the Mainnet conference in New York, Grossman shared the story of how TIME was changed forever through crypto and NFTs, and offered his thoughts on Web3 skeptics. “The main plan was never to bring TIME into Web3,” Grossman said. “We were really…
How Worried Are Ethereum Devs About Safety at Devcon Bogatá?
Cadres of crypto developers began trickling into Bogotá, Colombia, on Monday in anticipation of Devcon, the Ethereum Foundation’s marquee global conference, which is set to kick off next week in the South American nation’s capital city. But according to reports, some of crypto’s leading digital builders may already be second-guessing those travel plans. Twitter buzzed early Monday with rumors of…